Term sheets typically have 2-4 sections:
1. The "offers" section offers the terms of the deal, including what the company is offering and what potential investors are getting.
2. The "asks" section asks for information from the investors about how they would value the company and what their needs are.
3. The "terms" section sets out specific terms of the deal, such as how much money each party will be investing, when it will close, etc.